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Final Fantasy 14 Relaunch Pushes Square Enix to Profit

November 5, 2013 by Stephen Daly

The company will now make a $48 profit compared to estimated loss of $20.

Siliconera reports that Square Enix anticipates making a profit of 4.7 billion yen ($48 million) thanks to the better than expected success of Final Fantasy 14's relaunch. 

Originally Square had envisioned net sales of between 59 billion yen ($598 million) and  63 billion yen ($639 million). The company adjusted their sales figures to 61.7 billion yen ($626 million). 

Its operating loss was initially estimated at two billion yen ($20 million) but now Square Enix expects to make a profit of 4.7 billion yen ($48 million) thanks to the strong performance of its arcade business in Japan and the re-release of Final Fantasy 14. 

Net income was also revised upwards from between a zero to 1.3 billion yen loss ($13 million) to 2.6 billion yen ($26 million) profit. All of the figures are for the six month ending September 30th. 

After reporting an "extraordinary loss" and the resignation of CEO Yoichi Wada earlier this year a review of the entire company was ordered. Square Enix are working on a number of titles including new Tomb Raider and Deus Ex games. 

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